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Audit committee reviews third-quarter finances; building permits, ARPA water funding and sidewalk repairs highlighted
Summary
The North Ogden City Audit Committee reviewed January–March 2024 finances, noting lower-than-expected building-permit revenue, ARPA transfers to the water fund and higher-than-budgeted interest earnings. The committee also discussed a $50,000 donation for pickleball courts and a $100,000 sidewalk repair allocation.
The North Ogden City Audit Committee met to review third-quarter financial results for January through March 2024, hearing from the finance presenter that general-fund revenues trailed the 75% benchmark mainly because building-permit revenue was reduced from a budgeted $400,000 to $300,000 following an April budget amendment.
The presenter (Speaker 3) told the committee the city had shifted ARPA funds into the water fund and that sewer and other enterprise funds showed higher-than-budgeted interest earnings — roughly $62,000 recorded versus a budget of about $10,000.…
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